Research On Risk Sharing And Response Of Public-private Partnership Model From The Perspective Of The Private

Since the year of 2013,China has vigorously promoted the application of the PublicPrivate Partnership(PPP)model in traditional infrastructure and encouraged and guided the private to increase investment in public services.The implementation of the PPP model,on the one hand,relieves the financial pressures of local governments and is conducive to better distribution of fiscal expenditures.On the other hand,the private has a more mature management model,which can significantly improve the operational efficiency and service quality of the public service sector,Thus bring greater benefits to society.At the same time,the private can also revitalize idle funds to make profits in this process.However,at present,the development of Chinese PPP model is still in its infancy,and there are no successful cases that can be fully replicated.To run a successful PPP project,risk management work is of great significance and plays a decisive role in whether or not PPP projects can continue to exist.In particular,as one of the major players,since the private has invested in a completely new model,it needs to have a clearer understanding of the risks in the PPP model,further improve risk management,effectively participate in PPP projects,in order to provide new opportunities for enterprise development.Based on the research and summary of the development and current situation of PPP model at home and abroad,this paper puts forward the necessity of studying the social capital risk management in PPP model.Through the analysis of stakeholder appeals and the summary of actual cases,the possible risks in the PPP model are summarized,and the social capital risk sharing model and the social capital risk response matrix are constructed.Taking the N city Sludge Disposal Project PPP project as an example,combined with the analysis of the model and matrix proposed in this paper,the issue of social capital in the PPP model of risk management and put forward specific countermeasures,for example,PPP projects should be carefully selected,social capital integration should be strengthened,professional risk management teams and systems should be established,and PPP project legislation should be promoted.